US dollar

Egyptian pound approaches 20 to US dollar in banks
Business

Egyptian pound approaches 20 to US dollar in banks

The Egyptian pound depreciated further against the dollar in some banks mid-Tuesday, reaching a selling price of 19.75 compared to…
US dollar exceeds the LE19 mark
Business

US dollar exceeds the LE19 mark

The US dollar exchange rate has hit a new high of LE18.75 for purchasing and LE18.95 for selling, up from…
US dollar exchange rate declines
Business

US dollar exchange rate declines

The exchange rate of the US dollar has declined by 10 piasters for selling and buying at three national banks,…
Oil surges after output cuts, strong dollar weighs
Business

Oil surges after output cuts, strong dollar weighs

Oil prices jumped to their highest levels in a year and a half on Monday, after OPEC and non-OPEC producers…
Egypt received inflows of $1 billion in month since currency float: central bank
Business

Egypt received inflows of $1 billion in month since currency float: central bank

Egypt's central bank governor Tarek Amer said on Saturday the country had received inflows of around $1 billion in the…
US dollar selling rate increases at four banks
Business

US dollar selling rate increases at four banks

The US dollar surge has continued at banks on Thursday at four banks including the National Bank of Egypt (NBE),…
Egypt’s foreign reserves jump to US$23 bln at end-November
Egypt

Egypt’s foreign reserves jump to US$23 bln at end-November

Egypt's foreign reserves have increased to US$23.058 billion at the end of November from $19.041 billion a month earlier, the…
US dollar price exceeds LE18
Business

US dollar price exceeds LE18

US dollar price has exceeded LE18 at four banks which are: Housing and Development Bank (HDB), Commercial International Bank (CIB),…
Oil slip sends dollar, bond yields skidding
Business

Oil slip sends dollar, bond yields skidding

The dollar saw its biggest drop in almost a month on Monday, as a bashing for oil prices on doubts…
Egypt-Ukraine Council considering local currency barter
Business

Egypt-Ukraine Council considering local currency barter

The Egypt-Ukraine Business Council (the Egyptian side) is exploring reciprocal trade prospects and means of increasing exports to Ukraine in…
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